I'd rent first and invest the money while I figure out the best move. Having โฆ200 million doesn't mean you should rush into tying a huge chunk of it down in a house. Let your money work for you before you start building your dream home.
Rent one and commit a portion to start and complete the structural work up to roofing level and invest the rest and use the profit from my business to finish the house in at most 5 years time
None of the above.
Go and find a relative house and stay for 5 years.
Endure whatever hardship.
Invest that whole money to an MMF. That will give you 16% annually 2.6M monthly. Buy your land, Be building quietly as you are there
In less than 3 years, house done, capital dey!
I will rent first.
Put the money in a federal gov't bond or a MMF at 18% annual return. That will give me N36M per year, I will use 6M to sort the rent fee and other expenses. I will re-invest the N30M in another asset, that way I will get returns from my returns.
God forbid I build a house with the capital. I will remain where I am.
N200m in fixed deposit of 18% that's N36m annually, use it to be building your house while the capital still remains. In 3-4 years you have a mansion.
Rent.
I will put that in fgn bond at 20 percent. Be rolling 40m yearly.
I will go to the family house to whine them for 6 months before the first 20m will drop in 6 months.
